Humberto Del Rio Of The Keyes Company Represents Buyer In $5.95M Airport West Industrial Sale
8470 Northwest 61st Street
$5,950,000
$266/SF
Building Size
22,352 SF
Asset Type
Industrial
Closing
Aug 5, 2022
AI
The industrial property located at 8470 NW 61st St in Airport West was sold for $5,950,000. The property spans 22,352 square feet, resulting in a price per square foot of $266.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,950,000
- Address: 8470 NW 61st St
- Market: Airport West
Humberto del Rio from The Keyes Company represented the buyer in this transaction, while Mateo Coman, Devin White, and David Albert from CBRE's Miami Industrial Team served as the seller's representatives.
Players
Miami Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
2.67%
Cash-on-Cash
-0.76%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93